Brazilian Rare Earths Shares Surge 8.7% on Bauxite-Gallium Project Spin-Off Plans

Published: May 26, 2026 15:00

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[SMM Aluminum Express News] Brazilian Rare Earths shares rose 8.7% after the company advanced plans to spin off its Amargosa Bauxite-Gallium Project in Brazil into a new ASX-listed entity, Alurion Resources. The demerger is intended to sharpen BRE’s focus on rare earths while giving shareholders exposure to a separate bauxite and gallium growth platform, with BRE retaining a minority stake in Alurion.

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